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Economics 2011 WAEC Past Questions

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51

(a) Explain with examples the terms competitive demand and complementary demand. 
(b) With the aid of diagrams, analyse the effect of a decrease in the import duty on cars on the price and consumption of petrol. 

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52

(a)What is the demographic transition theory?
(b) Explain the three stages of the theory. 

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53

(a) Differentiate between shares and debentures.
(b) Identify any four problems encountered by firms in raising capital,

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54

(a) Describe the following types of co-operative societies;
(i) consumers' co-operatives;
(ii) producers' co-operatives;
(iii) thrift and credit co-operatives.

(b) Highlight any two problems faced by co-operative societies in West Africa 

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55

(a) What is economic development? (b) Outline any five features of a Development Bank.

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts